GRPN Trade on Feb 13, 2015 11:22 from EliBrown: Tradervue User Stock Trades.

I didn't analyze this long enough to determine that the stock was running into a significant resistance level from previous highs on the daily. I took the gamble expecting a breakout as the stock coiled underneath resistance. I held onto the trade as it consolidated for the rest of the day and moved my stop-loss to 8.04. My stop-loss was triggered as the stock spiked down and then closed along the VWAP. The stock had already made an 8% run-up where I bought expecting the breakout. I should have realized it would be way to over extended to break the resistance level.